55+ Community Manufactured
For Sale
$309,900
84-433 Sylvan Avenue, Mountain View, CA 94041
Move-in ready 1992 manufactured home with two bedrooms, two bathrooms, new roof, fresh interior and exterior paint, and A/C.
Property Size1,456 SF
Price / SF$212.84
Days on Market37
Property Features for 84-433 Sylvan Avenue
General Information
Standard status
Active
Size
1,456 SF
Property subtype
Manufactured In Park
Listing Agency:
Advantage Homes
(408) 316-9854
Listed By:
Todd Su · License #01355922
(408) 316-9854
Source:
Exprealty
Added: Jul 7
Changed: Jul 22
Last Checked: Aug 11 at 10:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Homes
Investment Insights
Based on property information with market context.
Set within the Sunset Estates 55+ community, this move-in ready 1992 manufactured home has been updated with a fresh coat of paint inside and out. Improvements include a brand-new roof, a shed, and waterproof flooring.
The home offers two bedrooms and two bathrooms, including a primary suite with an en-suite bathroom featuring a tub and shower. The kitchen includes ample cabinet space and a cooktop stove, and the living area extends to a newly painted deck for outdoor relaxation.
Additional in-home features include A/C and laundry appliances. The property is located at 84-433 Sylvan Avenue in Mountain View, CA 94041.
The home offers two bedrooms and two bathrooms, including a primary suite with an en-suite bathroom featuring a tub and shower. The kitchen includes ample cabinet space and a cooktop stove, and the living area extends to a newly painted deck for outdoor relaxation.
Additional in-home features include A/C and laundry appliances. The property is located at 84-433 Sylvan Avenue in Mountain View, CA 94041.
Key Highlights
- Move‑in ready 1992 manufactured home with 2 bedrooms and 2 bathrooms in Sunset Estates (55+ community).
- Brand‑new roof and fresh interior and exterior paint.
- Waterproof flooring and newly painted deck for outdoor use.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,676
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$553,520
$553.5K
Cap Rate 7%
$395,371
$395.4K
Cap Rate 9%
$307,511
$307.5K
Market Conditions
NOI Build-Up for 1,456 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.4K $36.00/SF
− Vacancy
−$2.1K −$1.44/SF
EGI
$50.3K $34.56/SF
− OpEx
−$22.6K −$15.55/SF
NOI
$27.7K $19.01/SF
Area
Santa Clara County, CA
Vacancy
4.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$553,520
Cap Rate 7%
$395,371
Cap Rate 9%
$307,511
Alternative Uses
Best Use
Apartment 5plus
$395.4K
$346.0K – $461.3K
NOI $27,676 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$879.0K
$769.1K – $1.03M
NOI $61,531 @ 7.0% cap · market cap 19.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,261
Businesses Nearby
Explore this area
Business Placement
Demographics for 94041, CA
15,604
Population
7,383
Households
2.1
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
9,753
Density / Sq Mi
$168,980
Median Household Income
$96,520
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Move-in ready 1992 manufactured home with two bedrooms, two bathrooms, new roof, fresh interior and exterior paint, and A/C.
Where is this mobile home & rv park located?
The property is located at 84-433 Sylvan Avenue Mountain View, CA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Move‑in ready 1992 manufactured home with 2 bedrooms and 2 bathrooms in Sunset Estates (55+ community).; Brand‑new roof and fresh interior and exterior paint.; Waterproof flooring and newly painted deck for outdoor use.
